Redbox Announces Plans To Take On Netflix With Video Streaming
Amit Chowdhry | February 17, 2011 | 710 views | Add a CommentCategorized under Mitch Lowe, Netflix, Redbox

Movie kiosk company Redbox will soon be entering Netflix’s territory by selling video streaming subscriptions. Redbox president Mitch Lowe said that there will be a single monthly fee that would allow people to watch the movies on multiple devices. Netflix has about 20 million customers for its DVD-mail and Internet streaming subscriptions. [LA Times]